Want to create an interactive transcript for this episode?
Podcast: New Books in Economic and Business History
Episode: Robert Yee, "The City's Defense: The Bank of England and the Remaking of Economic Governance, 1914-1939" (Cambridge UP, 2025)
Description: In The City's Defense: The Bank of England and the Remaking of Economic Governance, 1914-1939, Robert Yee examines how the City of London maintained its status as an international financial center. He traces the role of the Bank of England in restructuring the domestic, imperial, European, and international monetary systems in the aftermath of the First World War
Responding to mass unemployment and volatile exchange rates, the Bank expanded its reach into areas outside the traditional scope of central banking, including industrial policy and foreign affairs. It designed a system of economic governance that reinforced the preeminence...